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20121202
20121210
Search Results 0 to 5 of about 6 (some duplicates have been removed)
they notice the underground economy, and the guy is worth like a billion dollars. he's a big reason for a lot of the cocaine, heroin and marijuana in america. >> wields a lot of power. >> i wonder what else he does. >> heroin, cocaine, marijuana. multiple industries. it's proof to me, i think, that the war on drugs has xleecomple failed if an illegal drug trafficker is in the top 60. he's been on the list since 2009, so they've known about him. it's ridiculous this soort of person would be on the list, but then it calls into question the nature of power. yes, he has this power in terms of the drug economy, but he can't just go anywhere. he's in control of the space he's in, unless there's bodyguards around him. when he goes to restaurants he locks the door and takes the cell phones and pays for everybody's meal. if you can't control the space that you move through, how are you actually powerful? it calls into nature what power is. >> that's why he's not 52. >> he's the number one most wanted fugitive in the world. >> he's seen a lot. maybe that makes him powerful on the wanted posters. let's
, as things improve and the underlying economy continues to show more momentum, the job market too slowly in my view but it is improving. the costs, the opportunity costs to use an economics term of going over the fiscal cliff become that much greater. it is just a terrible idea to go start down the fiscal slope, i should say to you guys. it's a terrible idea to start down the physician clal slope when we actually have a little bit of momentum behind us. why you would want to throw a cliff or debt ceiling debate into this economy that's beginning to show some life, with policymakers like these, we don't really need enemies. so that's kind of where i'm at with it. >> peter, help me understand something. everybody thought sandy was going to drag the jobs numbers into a horrible place. that didn't happen at all. why not? >> well, simply by way not everybody -- my forecast was a lot higher than the consensus. >> true. >> unusual. >> yeah, you were optimistic. >> i was optimistic. the reason is a lot of people and areas hit were not like the gulf coast of mississippi. they were a prosperous ne
. if the economy tanks because we have a dysfunctional government that can't accomplish what is a simple deal here, everybody is going to suffer. so both sides want a deal. they've staked out positions that really aren't that far apart. obama will concede on something public at some point, and i think you see some concessions from republicans and we'll see when that happens. maybe it will happen. the idea we're at a fiscal cliff where the economy stops on january 1st is completely misleading. it's a squeeze. everyone will feel it, but then you're in a position where everyone can vote to cut taxes. that might be more politically feasible. >> i like that perspective. you help us take out some of the fear mongering we see, a lot of the media is perpetuating. that's why we're doing the fiscal follies and the wheel of fortune. fiscal fiesta. the media is doing all this fear mongering and you get a lot out of washington. this is a self-created drama, of course. these cliff negotiations. but the markets are remaining relatively calm and steady. why are investors being so cool and above the fray when ever
to oppose and will not agree in order to protect small businesses and our economy. instead new revenue would be generated through pro-growth tax reforms that closes special interest loopholes and deductions while lowering rates. you see in this latest proposal while they offer up pour savings by saying, look, we can tax the rich people through the $800 billion figure. we can find more savings in entitlements reforms and more savings in discretionary spending more so than the budget control act. they're still holding firm on that pledge not to raise the tax rates towards the bill clinton era. how will this play around in the white house? we don't know. this tax rate point has been a very difficult sticking point. both sides have stayed on and they continue to stay on this in their second offer. what you see is some sort of possible framework for a large scale deal. the $2.2 trillion number, republicans are the first to tell you is bigger than $1.6 trillion the democrats outlined last week. they believe from discussions that have occurred over the last few years in regards to the debt limit an
. it has enormous economies of scale and bargain for better rates of doctors and hospitals dictate prices so for what it provides, medicare's very cheap. it's getting expensive over time because a lot more people are going on to the program and in general the health care system, public health insurance, private health insurance, it's all very expensive and only so much right now that medicare can do about it. the problem isn't medicare, per se. not that medicare is a wasteful program but the health care system is -- and health care costs and getting in to the guts of the health care system and rather than lopping off a sum of health care. >> if we lowered health care costs overall, the cost of medicare goes down andรง medica more affordable without necessarily even needing to tinker with medicare and the point of something that you were writing about. we have all the conversations about hundreds of billions and cutting from medicare to deal with the fiscal cliff right now but your point is, if we can get the cost of health care under control we don't need to cut anything right now and th
Search Results 0 to 5 of about 6 (some duplicates have been removed)